The United States plans to borrow money and repay it after a century

Treasury Secretary Stephen Mnuchin said the issuance of bonds with a term of 50 to 100 years was the subject of a "very serious examination" and a An "intensive" review by officials.

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"If the conditions are right, I think we will benefit from a long-term loan and its implementation," Mnuchin said in an interview with Bloomberg.

Mnuchin pointed out that his renewed interest in long-term bonds has nothing to do with the decline in US debt yields in the near term, as the Treasury's 30-year bond yields have recently fallen below the bar. 2% and continued to fall Wednesday to a record of 1.90%.

According to Bloomberg, long-term bond buyers can be enthusiastic when yields are high, but in times of recession, when US Federal Reserve demand reductions may evaporate, borrowing costs of State then increase, and this, at different deadlines.

For the administration of the President of the United States, Donald Trump, the issuance of very long-term debt would reduce the cost of taxpayers to fill the budget deficit of $ 1 trillion per year.

Source: agencies

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